In my previous article we gave more information on the same subject. The negative effects of pandemic that still continues in aviation sector. Many airline companies have been badly affected by this pandemic. With data collected, half of the aviation sector employees are sadly out of work.
Lauda AIRLINES with 26 aircraft declared bankruptcy due to Covid 19 pandemic.This company was established in 2004 as Amira Air. Niki Lauda took over this company in 2016 and changed the name to LaudaMotion.
On 20th March,2018 Condor announced that it had gained 25.9% of LaudaMotion. April,2018 Condor announced that cooperation agreement with LaudaMotion was ended.
Ryanair announced that they had completed the purchase of 75% of the shareholding of the airline in August 2018 and that they planned to increase the Airbus fleet from 9 to 18.
March 2019 ‘’Lauda Motion’’ name changed as just ‘‘Lauda’’
May 2020, Luda announced that using Viene as a base has ended.
Another Giant Company Boieng aircraft announced that they will layoff more than 12,000 employees due to pandemic. Boieng has 156.921 employees (2016).
German government will buy 25% stake of Lufthansa airlines. Government announced that it will provide approximately 10 million euros support package to these airline due to pandemic Covid-19. This information was published in most of the press circles in the world.
Uber annonced that estimate of job cut will 8000 employees.
Some airlines pay their employees a salary of 3 out of 1 to survive their flights. Due do pandemic it is clear to say that the aviation industry will now be carried out with fewer airlines.
EasyJet Company with more than 15000 personnel, has stated that 5000 personnel will be cut off due to Covid 19 pandemic. This airline has 339 aircraft in its fleet.
Due to pandemic Covid 19; there are over 38.6 million jobless in US, rate of jobless is 14.75, in UK jobless rate is 20.5 million, 56 million jobless in Europe, and rate of jobless in Europe is 7.9%.
According to sources of IATA (year on year):
1st quarter of 2020, demand reduce 82%,
2nd quarter of 2020, demand reduce 56%,
3rd quarter of 2020, demand reduce 33%,
Flight cancellations until 30 June are 4.5 million flights, lost revenues estimate is 314 billion dollar, reduce 55%.
Covid-19 pandemic is the greatest economic and social crisis, since 1930, Great Depression.
Many countries have taken measures to prevent the spread of Covid-19 in both tourism, transport and foreign affairs, but their economies is not likely improve soon. Most of the airlines are planning to fly at 60-65% capacity, but ticket prices won't be cheap either.
As a result of this pandemic Covid-19 which looks like will continue until mid-2021, the entrance process of quarantees into the countries, other necessary criterias and high ticket prices will be reducing the demands of visitors.
Yours Sincerely
İzzet Derkan
www.izzetderkan.com
References: BBC World News, IATA, izzetderkan.com, msmwire.com
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